Summit Wealth Partners LLC Has $1.37 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Summit Wealth Partners LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 187.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,179 shares of the company’s stock after buying an additional 32,708 shares during the period. Summit Wealth Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,371,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SCHD. Colorado Capital Management Inc. lifted its position in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after acquiring an additional 121 shares during the last quarter. Sunflower Bank N.A. grew its stake in shares of Schwab US Dividend Equity ETF by 4.2% during the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after buying an additional 185 shares during the last quarter. Sound Income Strategies LLC grew its stake in shares of Schwab US Dividend Equity ETF by 12.5% during the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after buying an additional 191 shares during the last quarter. San Luis Wealth Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 2.0% during the third quarter. San Luis Wealth Advisors LLC now owns 12,781 shares of the company’s stock worth $1,080,000 after buying an additional 247 shares during the last quarter. Finally, Johnson Bixby & Associates LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 7.4% during the third quarter. Johnson Bixby & Associates LLC now owns 4,241 shares of the company’s stock worth $359,000 after purchasing an additional 294 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.95 on Thursday. The firm has a market cap of $19.61 billion, a PE ratio of 15.04 and a beta of 0.74. The firm’s fifty day moving average is $27.95 and its 200-day moving average is $27.97. Schwab US Dividend Equity ETF has a 52 week low of $25.16 and a 52 week high of $29.72.

Schwab US Dividend Equity ETF Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.